German shares gain ahead of U.S. housing data

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Source: Bloomberg
German shares gained, bouncing off the lowest level in eight weeks, ahead of U.S. housing and durable goods orders reports. The DAX added 0.9% to 7,764.08 as of 9:43 a.m. in Frankfurt, recovering from the lowest level in two months; however, the gauge declined 4.2% previous week, reversing its advance for the quarter. The HDAX Index gained 1.1% today.
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Tue, 25 Jun 2013 10:14:19 GMT

U.K. shares advance

U.K. shares advance, bouncing off the biggest four-day fall in more than a year and a half, as U.S. housing data are awaited and on China's cash crunch worries. The benchmark FTSE 100 Index added 0.5% to 6,060.31 as of 8:57 a.m. London time, recovering from a 5.4% drop in the last four days; moreover, the equity benchmark is headed

Tue, 25 Jun 2013 09:44:17 GMT

Asian shares slip on China cash crunch concern

Asian shares slid on worries that China's cash crunch could hurt its economy. The MSCI Asia Pacific Index declined 0.5% to 125.19 at 4:24 p.m. Tokyo time, erasing gains of 0.5%, while China's CSI 300 Index slipped 0.3%, prolonging 5-day losses. Japan's Topix fell 1%, while the Nikkei 225 Stock Average dropped 0.7%.

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